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The performance of an action generates the following distribution: Demand for the company's products Probability of demand occurring Rate of return if demand occurs Weak
The performance of an action generates the following distribution:
Demand for the company's products | Probability of demand occurring | Rate of return if demand occurs |
Weak | 0.1 | (50%) |
Below average | 0.2 | (5) |
Average | 0.4 | 16 |
Above average | 0.2 | 25 |
Strong | 0.1 | 60 |
| 1.0
|
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Calculate the expected performance of the action, the standard deviation, and the coefficient of variation. It must be in Excel and with the formulas that were made.
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